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Pls help answer this without Excel. I got this incorrect. A co-worker pitches a project to you that will last one year. The project will

Pls help answer this without Excel. I got this incorrect.

A co-worker pitches a project to you that will last one year. The project will require the firm to invest $100,000.00 today, and the co-worker expects it to return $115,000.00 in one year. If your cost of capital is 12.00%, what is the NPV of this investment?

Answer format: Currency: Round to: 2 decimal places.

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